The mismatch between newsvendor theory and experimental observations has garnered significant attention in the literature; several theories have been developed to capture the observed behavior. Yet, there has been limited research on the implications of observed behavior, leaving both a...

Supply uncertainty in produce supply chains presents major challenges to retailers. Supply shortages create frequent disruptions in terms of promised delivery times, quantity and quality delivered. To alleviate these challenges, dual sourcing---a strategy in which buyers source a good from two...